Group 1 - The core point of the article highlights the performance of the Zhongzheng 1000 Growth ETF (562520), which opened with a gain of 0.98% at 1.437 yuan [1] - The top holdings of the Zhongzheng 1000 Growth ETF include Aerospace Engineering, which rose by 2.60%, Zhenlei Technology by 1.86%, and Platinum Power by 1.80% [1] - The fund's performance benchmark is the Zhongzheng Selected 1000 Growth Innovation Strategy Index, managed by Huaxia Fund Management Co., Ltd., with a return of 42.33% since its inception on March 8, 2022, and a return of 7.42% over the past month [1] Group 2 - The article provides specific stock performance data for the ETF's holdings, including gains from companies like Daotong Technology (1.42%), Xingqi Eye Medicine (1.06%), and Guangli Micro (1.90%) [1] - The article emphasizes the importance of monitoring market risks and investment strategies, although it does not provide specific investment advice [1]

Investment Rating - The report maintains a "Buy" rating for several companies including Xinyangfeng, Senqilin, Ruifeng New Materials, Sinopec, Juhua, Yangnong Chemical, CNOOC, Tongkun, Daotong Technology, and others [10]. Core Views - The report highlights significant price increases in products such as p-nitrochlorobenzene (up 27.91%) and LLDPE (up 24.72%), while products like natural gas and LDPE saw substantial declines [6][18]. - It suggests focusing on investment opportunities in areas such as import substitution, domestic demand, and high dividend stocks, particularly in light of fluctuating international oil prices [6][19]. - The report anticipates that international oil prices will stabilize around $65 per barrel in 2026, influenced by geopolitical uncertainties and expectations of price declines [19]. Summary by Sections Product Price Movements - Notable price increases this week include p-nitrochlorobenzene (27.91%), LLDPE (24.72%), and liquid chlorine (20.90) [18]. - Conversely, significant declines were observed in natural gas (-22.34%) and LDPE (-18.02%) [5][21]. Industry Performance - The chemical industry remains in a weak position overall, with mixed performance across sub-sectors due to past capacity expansions and weak demand [21]. - Specific sectors like the glyphosate industry are showing signs of potential recovery, with decreasing inventories and rising prices, suggesting a possible entry into a favorable cycle [21]. Investment Recommendations - The report recommends focusing on companies with strong competitive positions and growth potential, such as Ruifeng New Materials and Baofeng Energy [21]. - It emphasizes the importance of domestic chemical fertilizer and pesticide sectors, which are expected to maintain stable demand due to self-sufficiency [21]. - The report also highlights the benefits for major oil companies like Sinopec, which are expected to gain from lower raw material costs due to declining oil prices [21].

Stock Recommendations - The recommended stocks for February 2026 include: - Daotong Technology (688208.SH) with an expected EPS growth of 28.14% and a PE ratio of 34.98[2] - Kaiying Network (002517.SZ) with an expected EPS growth of 27.56% and a PE ratio of 24.92[2] - Huitong Co., Ltd. (688219.SH) with an expected EPS growth of 33.31% and a PE ratio of 12.59[2] - Yinlun Co., Ltd. (002126.SZ) with an expected EPS growth of 36.66% and a PE ratio of 36.89[2] - Aikedi (600933.SH) with an expected EPS growth of 18.08% and a PE ratio of 19.18[2] - Hongyuan Electronics (603267.SH) with an expected EPS growth of 50.66% and a PE ratio of 54.53[2] Market Performance - The Guoyuan monthly stock portfolio achieved a weighted return of 9.60% in January 2026, outperforming the Shanghai Composite Index which rose by 3.76%[12] - The best-performing stocks in January included: - Kaige Precision Machinery with a return of 42.21%[12] - Tongling Nonferrous Metals with a return of 37.60%[12] Risk Factors - Potential risks include overseas policy risks across various industries and operational risks specific to individual companies[6]

Core Viewpoint - The company has provided information regarding its AI computing center, which is located at its headquarters and supports various business operations related to AI model deployment and management [1]. Group 1 - The AI computing center is designed to facilitate the rapid engineering and deployment of AI models (MLOps), data management, model training, development and application of agents, as well as model monitoring and management [1]. - The company has indicated that further details can be found in its previously disclosed periodic reports [1].

Summary of Key Points from Conference Call Records Industry Overview - The humanoid robot solid-state battery demand is projected to exceed 74 GWh by 2035, indicating significant growth potential in the robotics and battery sectors [1] - Shandong aims to achieve a scale of over 200 billion yuan in the robotics and intelligent equipment industry by 2026, highlighting regional ambitions for industry expansion [2] Company Highlights - ZhiYuan reported a 15-fold increase in VLA edge inference performance, validated through the Spirit G2 robot, showcasing advancements in AI and robotics technology [1] - AutomationAnywhere is in discussions to acquire C3.ai, which would facilitate its entry into the public market, indicating strategic moves in the AI software sector [1] - LG Energy will supply batteries for humanoid robots to Tesla, reflecting partnerships that could enhance product offerings in the robotics market [1] Financial Performance - Xiangxin Technology has projected a net profit for the year between 168 million yuan and 200 million yuan, representing a decline of 53.26% to 44.36%, which may indicate challenges in the company's financial health [3]

Core Viewpoint - The company, Shenzhen Daotong Technology Co., Ltd., has been involved in a legal dispute regarding patent infringement, which has recently concluded in favor of the company, resulting in a positive financial adjustment for the upcoming fiscal year [2][4]. Group 1: Lawsuit Background - On June 30, 2021, Orange Electronics Co., Ltd. filed a lawsuit against the company in the U.S. District Court for the Eastern District of Texas, claiming that the company's TPMS products infringed on its U.S. Patent No. 8031064C3 [2]. - On June 8, 2023, a jury ruled that the company's TPMS products infringed on claims 26 and 27 of the patent, ordering the company to pay $6,616,397 in damages [2]. - The company filed a post-trial motion on July 10, 2023, asserting that it did not infringe the patent and challenging the patent's validity [2]. Group 2: Progress of the Lawsuit - On May 2, 2024, the district court ruled that the company did not infringe the patent [3]. - On May 22, 2024, Orange appealed the district court's decision, while the company filed a cross-appeal seeking to invalidate the patent [3]. - Recently, the U.S. Court of Appeals for the Federal Circuit issued a judgment declaring the disputed patent invalid, confirming that the company did not infringe [4]. Group 3: Impact of the Judgment - Following the judgment, the company plans to adjust the previously accrued estimated liability of $3.5 million, which is approximately 24,789,450.64 RMB, and expects to reverse about 24.79 million RMB, positively impacting the company's profit for the fiscal year 2025 [5]. - This adjustment is classified as a post-period adjustment affecting the current financial data, with the final impact subject to confirmation by the auditing firm [5].

（文章来源：证券日报） 证券日报网讯 1月27日，道通科技发布公告称，天健作为公司2025年度财务报表和2025年末财务报告内 部控制审计机构，原委派朱大为和叶楠作为公司2025年度财务报表审计报告和2025年末财务报告内部控 制审计报告的签字注册会计师，李仲篪为项目质量控制复核人。由于内部工作调整，现委派耿振接替朱 大为作为签字注册会计师，指派黎永键接替李仲篪作为项目质量控制复核人。变更后的签字注册会计师 为耿振和叶楠，项目质量控制复核人为黎永键。 ...

2021 年 6 月 30 日，Orange Electronics Co. Ltd（以下简称"Orange"）在美国 德克萨斯州东区地方法院起诉深圳市道通科技股份有限公司（以下简称"公司"、"本 公司"或"道通科技"），主张本公司的 TPMS 系列产品侵犯其 8031064C3 号美国专 利（"一种胎压监测系统（TPMS）及其胎压检测器识别复制方法"，以下简称"064 号专利"）中的第 23 项和第 26-29 项权利要求，并寻求损害赔偿和禁令救济。 2023 年 6 月 8 日，陪审团作出了裁决，认定公司的 TPMS 系列产品确实侵犯了 "064 专利的第 26 和 27 项权利"要求，要求公司支付总计 6,616,397 美元的赔偿金。 陪审团裁决作出后，公司采取行动，于 2023 年 7 月 10 日提交了 50(b)规则的审判后 动议，这些动议旨在获得法律判决，主张道通科技不存在侵权行为，主张 064 号专 利不具备显而易见性、不具备专利适格性。 2024 年 5 月 2 日，地区法院作出裁决，判定公司不存在侵权行为。 2024 年 5 月 22 日，Orange 针对地区法院的裁决提起上诉，寻求上 ...

签字注册会计师：耿振，2007 年成为中国注册会计师，自 2005 年开始从事上 市公司审计，自 2007 年开始在天健执业。近三年签署或复核了 8 家上市公司审计 项目质量控制复核人：黎永键，2017 年成为中国注册会计师，自 2012 年开始 从事上市公司审计，自 2017 年开始在天健执业。近三年签署或复核了 3 家上市公 司审计报告。黎永键不存在违反《中国注册会计师职业道德守则》有关独立性要求 的情形，最近三年未曾因执业行为受到过刑事处罚、行政处罚、监督管理措施和纪 律处分。 三、对公司的影响 | 股票代码：688208 | 股票简称：道通科技 | 公告编号：2026-009 | | --- | --- | --- | | 转债代码：118013 | 转债简称：道通转债 | | 深圳市道通科技股份有限公司 关于变更签字注册会计师和质量控制复核人的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 深圳市道通科技股份有限公司（以下简称"公司"或"道通科技"）已于 2025 年 3 月 28 日、2025 年 4 月 ...

| 股票代码：688208 | 股票简称：道通科技 | 公告编号：2026-008 | | --- | --- | --- | | 转债代码：118013 | 转债简称：道通转债 | | 深圳市道通科技股份有限公司 关于不提前赎回"道通转债"的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 自 2026 年 1 月 5 日至 2026 年 1 月 23 日，深圳市道通科技股份有限公司（以 下简称"公司"）股票满足在连续三十个交易日中有十五个交易日的收盘价不低于"道 通转债"当期转股价格（21.98 元/股）的 130%（含 130%，即 28.58 元/股），已触 发"道通转债"的有条件赎回条款。 公司于 2026 年 1 月 23 日召开第四届董事会第三十次会议，审议通过了《关 于不提前赎回"道通转债"的议案》，董事会决定本次不行使"道通转债"的提前赎 回权利，不提前赎回"道通转债"。 未来六个月内（即 2026 年 1 月 24 日至 2026 年 7 月 23 日期间），若"道通 转债"再次触发 ...